Can COMAC C919 ever reach full rate production?
The Commercial Aircraft Corp. of China’s (Comac) C919 narrowbody development program is no exception. As a point of comparison, it took veteran aircraft-maker Boeing, with many times the experience of Comac, nine years from entry into service of its 787 widebody to reach full-rate annual production of 158 787s in 2019.
Can COMAC compete?
The plane has yet to receive certification, while COVID-19 complications have delayed important natural icing tests until the autumn. Despite this, COMAC believes it can still make deliveries of the plane before the end of 2021. The C919 has been touted as a viable competitor to the Airbus A320neo and Boeing 737 MAX.
Is Comac publicly traded?
That move, which prohibits U.S. investors from buying securities of companies on the list, was largely symbolic as Comac isn’t publicly traded. But other companies put on such lists — including Comac shareholder Aviation Industry Corp.
Can COMAC compete with Boeing?
The Commerical Aircraft Company of China, better known as COMAC, has their new C919 aircraft on track for certification in 2021. The C919 is sized to compete with the Airbus A320 and Boeing 737 families, and will use engines made by U.S.-based General Electric.
Can you buy Comac stock?
U.S. sanctions. In January 2021, the United States government named COMAC as a company “owned or controlled” by the People’s Liberation Army and thereby prohibited any American company or individual from investing in it.
How many employees does Comac have?
Comac Pump & Well, LLC has 28 total employees across all of its locations and generates $5.44 million in sales (USD).
Does Boeing have a factory in China?
N opened its first 737 completion plant in China on Saturday, a strategic investment aimed at building a sales lead over arch-rival Airbus AIR.PA in one of the world’s top travel markets that has been overshadowed by the U.S-China trade war. …